Avanos Medical(AVNS) Shares Soar 6.38% After Hitting 52-Week Low

Avanos Medical(AVNS) shares surged by 6.38% today, marking a significant rebound despite hitting a record low earlier in the day with an intraday decline of 2.42%.

Avanos Medical, Inc. recently hit a new 52-week low, reaching as low as $12.57. This significant decline in stock value could affect investor sentiment and the company's market perception. The drop in stock price may be attributed to various factors, including market volatility and investor concerns about the company's financial performance.

Additionally, Avanos Medical, Inc. was listed as one of the primary detractors from performance for the Voya Small Company Fund in Q4 2024. This indicates that the company's stock underperformed during this period, potentially impacting investors' views and the fund's overall performance. The underperformance could be due to a variety of reasons, such as weak earnings reports or changes in market conditions.